$565,000

538 S Ashley Street, Ann Arbor, MI 48103

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Exceptional Old West Side duplex set on a mature landscaped lot in a premium location with easy access and walkability to downtown and UM campus. Charming and well maintained, this updated duplex offers a 1st floor 2 bedroom, 1 bath unit with open floor plan and a 2nd floor studio unit with kitchenette & full bath. Shared laundry room has separate entrance for easy access. An enjoyable fenced in backyard has a covered patio area and mature trees for shade. An attached carport is great for car parking or storage for bikes, etc. The paved driveway offers 3 parking spaces. This special property has multiple updates including newer roof, freshly painted exterior, newer covered front porch with eyebrow roof for street appeal, foundation tuck-pointing, newer brick chimney & chimney cap, some electrical updates, newer furnace, humidifier & thermostat, newer hot water heater, some appliances & much more! 1st floor is leased by long-term tenants to July 31, 2027, at $2,020/month for June & July 2026, increasing to $2,100 per month August 1, 2026. 2nd floor studio leased to June 30, 2026, at $1,130 per month, current tenant not renewing & seller not marketing for lease in order to give the buyer the opportunity to select new 2nd floor rental rate and tenant. Seller pays gas & electric (approx. $2,300 last 12 months) and water & sewer (approx. $900 last 12 months). City Rental Housing Certificate of Compliance in effect until January 25, 2028. Don't miss this terrific opportunity for this solid property and location! Home Energy Score of 2. Download report at Ann Arbor herdmap.

Listing Status:
Active
Date Added:
May 14, 2026
Data Last Updated:
May 20, 2026 at 7:36AM
Listing Office:
The Charles Reinhart Company : 734-665-0300
Listing Agent:
Elizabeth Brien : 734-645-4444
MLS ID:
26021390
  • Laundry: Common AreaSinkWasher HookupLaundry RoomMain LevelElectric Dryer Hookup
  • Basement: Crawl SpacePartial
  • A/C: Wall Unit(s)Window Unit(s)
  • Heating: Forced Air
  • Parking: ConcreteParking spaces: 3
  • General: Wood Siding
  • Originating MLS: Michigan Regional Information Center (MichRIC)
  • School District: Ann Arbor
  • County: Washtenaw
  • Zoning: BEG SE COR LOT 6 B5S R2E WM S MAYNARDS ADD TH N 66 FT TH E TO W L S ASHLEY ST SLY TO S L LOT 6 IF EXTED TH W TO POB PRT SEC 29 T2S R6E09-09-29-413-009
  • Utilities: Cable ConnectedNatural Gas ConnectedElectricity ConnectedCable AvailableElectricity AvailableNatural Gas AvailablePhone Available
  • Water: Public Water
  • Sewer: Public Sewer
  • Source: Michigan Regional Information Center (MichRIC)
  • Ownership: Private Owned

This listing courtesy of Elizabeth Brien , The Charles Reinhart Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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